Federal Register / Vol. 86, No. 135 / Monday, July 19, 2021 / Rules and Regulations 37907 

prohibited by the Ukraine Related 

Sanctions Regulations, 31 CFR part 589, 

that are ordinarily incident and 

necessary to the maintenance or wind 

down of operations, contracts, or other 

agreements, including the importation 

of goods, services, or technology into 

the United States, involving United 

Company RUSAL PLC or any other 

entity in which United Company 

RUSAL PLC owns, directly or 

indirectly, a 50 percent or greater 

interest and that were in effect prior to 

April 6, 2018, are authorized through 

12:01 a.m. eastern standard time, 

January 28, 2019. 

(b) All funds in accounts of blocked 

persons identified in paragraph (a) that 

were blocked as of 12:01 a.m. eastern 

daylight time, April 23, 2018 remain 

blocked, except that such funds may be 

used for maintenance or wind-down 

activities authorized by this general 

license. 

(c) This general license does not 

authorize: 

(1) The divestiture or transfer of debt, 

equity, or other holdings in, to, or for 

the benefit of the blocked persons 

described above; 

(2) Any transactions or dealings 

otherwise prohibited by any other part 

of 31 CFR chapter V, or any transactions 

or dealings with any blocked person 

other than the blocked persons 

described in paragraph (a) of this 

general license; or 

(3) The unblocking of any property 

blocked pursuant to any part of 31 CFR 

chapter V, except as authorized by 

paragraphs (a) or (b). 

(d) U.S. persons participating in 

transactions authorized by this general 

license are required, within 10 business 

days after the expiration date of this 

general license, to file a comprehensive, 

detailed report of each transaction, 

including the names and addresses of 

parties involved, the type and scope of 

activities conducted, and the dates on 

which the activities occurred, with the 

Office of Foreign Assets Control, Office 

of Compliance and Enforcement, U.S. 

Department of the Treasury, 1500 

Pennsylvania Avenue NW, Freedman’s 

Bank Building, Washington, DC 20220, 

or via email to OFACReport@

treasury.gov. 

(e) Effective January 16, 2019, General 

License No. 14D, dated December 7, 

2018, is replaced and superseded in its 

entirety by this General License No. 

14E. 

Andrea Gacki 

Director 

Office of Foreign Assets Control 

Dated: January 16, 2019 

Dated: July 14, 2021. 

Andrea M. Gacki, 

Director, Office of Foreign Assets Control. 

[FR Doc. 2021–15280 Filed 7–16–21; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

31 CFR Part 589 

Publication of Ukraine-Related Web 

General License 12 and Subsequent 

Iterations 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Publication of web general 

licenses. 

SUMMARY: The Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing four 

Ukraine-related web general licenses 

(GLs) in the Federal Register: GL 12, GL 

12A, GL 12B, and GL 12C, each of 

which is now expired and was 

previously issued on OFAC’s website. 

DATES: GL 12C expired on June 5, 2018. 

See SUPPLEMENTARY INFORMATION of this 

rule for additional relevant dates. 

ADDRESSES: Electronic availability: This 

document and additional information 

concerning OFAC are available on 

OFAC’s website www.treasury.gov/ofac. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Assistant Director for 

Licensing, 202–622–2480; Assistant 

Director for Regulatory Affairs, 202– 

622–4855; or Assistant Director for 

Sanctions Compliance & Evaluation, 

202–622–2490. 

SUPPLEMENTARY INFORMATION: 

Background 

On March 6, 2014, the President, 

invoking the authority of, inter alia, the 

International Emergency Economic 

Powers Act (50 U.S.C. 1701–1706) 

(IEEPA), issued Executive Order (E.O.) 

13660, ‘‘Blocking Property of Certain 

Persons Contributing to the Situation in 

Ukraine’’ (79 FR 13493, March 10, 

2014). In E.O. 13660, the President 

determined that the actions and policies 

of persons including persons who have 

asserted governmental authority in the 

Crimean region without the 

authorization of the Government of 

Ukraine that undermine democratic 

processes and institutions in Ukraine; 

threaten its peace, security, stability, 

sovereignty, and territorial integrity; and 

contribute to the misappropriation of its 

assets, constitute an unusual and 

extraordinary threat to the national 

security and foreign policy of the United 

States, and declared a national 

emergency to deal with that threat. 

The President subsequently issued 

E.O. 13661 of March 16, 2014, 

‘‘Blocking Property of Additional 

Persons Contributing to the Situation in 

Ukraine’’ (79 FR 15535, March 19, 

2014), and E.O. 13662 of March 20, 

2014, ‘‘Blocking Property of Additional 

Persons Contributing to the Situation in 

Ukraine’’ (79 FR 16169, March 24, 

2014), pursuant to the national 

emergency declared in E.O. 13660. E.O. 

13661 and E.O. 13662 expanded the 

scope of the national emergency 

declared in E.O. 13660. On May 8, 2014, 

OFAC published the Ukraine Related 

Sanctions Regulations, 31 CFR part 589 

(the ‘‘Regulations’’), to implement E.O. 

13660, E.O. 13661, and E.O. 13662 (79 

FR 26365, May 8, 2014). The President 

has issued additional Executive orders 

pursuant to the national emergency 

declared in E.O. 13660, and expanded 

in E.O. 13661 and E.O. 13662, which are 

not discussed in this publication as they 

are not relevant to the web GLs being 

published. 

OFAC, in consultation with the 

Department of State, issued GL 12 on 

April 6, 2018, pursuant to the 

Regulations, to authorize certain 

transactions and activities ordinarily 

incident and necessary to the 

maintenance or wind down of 

operations, contracts, or other 

agreements involving certain specified 

blocked persons and that were in effect 

prior to April 6, 2018, through 12:01 

a.m. eastern daylight time, June 5, 2018. 

Subsequently, OFAC issued three 

further iterations of GL 12, each of 

which made slight adjustments to the 

scope of the authorizations in the GL: 

On April 23, 2018, OFAC issued GL 

12A, which replaced and superseded GL 

12; on May 1, 2018, OFAC issued GL 

12B, which replaced and superseded GL 

12A; and on May 22, 2018, OFAC issued 

GL 12C, which replaced and superseded 

GL 12B. The texts of GLs 12, 12A, 12B, 

and 12C are provided below. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Ukraine Related Sanctions Regulations 

31 CFR Part 589 

General License No. 12 

Authorizing Certain Activities 

Necessary to Maintenance or Wind 

Down of Operations or Existing 

Contracts 

(a) Except as provided in paragraph 

(c) of this general license, all 

transactions and activities otherwise 

prohibited by the Ukraine Related 

Sanctions Regulations, 31 CFR part 589, 

that are ordinarily incident and 


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37908 Federal Register / Vol. 86, No. 135 / Monday, July 19, 2021 / Rules and Regulations 

necessary to the maintenance or wind 

down of operations, contracts, or other 

agreements, including the importation 

of goods, services, or technology into 

the United States, involving one or more 

of the following blocked persons and 

that were in effect prior to April 6, 2018, 

are authorized through 12:01 a.m. 

eastern daylight time, June 5, 2018: 

• AgroHolding Kuban 

• Basic Element Limited 

• B-Finance Ltd. 

• EN+ Group PLC 

• JSC EuroSibEnergo 

• GAZ Group 

• Gazprom Burenie, OOO 

• Ladoga Menedzhment, OOO 

• NPV Engineering Open Joint Stock 

Company 

• Renova Group 

• Russian Machines 

• United Company RUSAL PLC 

• Any other entity in which one or 

more of the above persons own, 

directly or indirectly, a 50 percent or 

greater interest 

(b) Any payment to or for the direct 

or indirect benefit of a blocked person 

that is ordinarily incident and necessary 

to give effect to a transaction authorized 

in paragraph (a) of this general license 

must be made into a blocked, interestbearing account located in the United 

States in accordance with 31 CFR 

589.203. 

(c) This general license does not 

authorize: 

(1) The divestiture or transfer of debt, 

equity, or other holdings in, to, or for 

the benefit of the blocked persons listed 

above; 

(2) Any transactions or dealings 

otherwise prohibited by any other part 

of 31 CFR chapter V, or any transactions 

or dealings with any blocked person 

other than the blocked persons listed in 

paragraph (a) of this general license; 

(3) The unblocking of any property 

blocked pursuant to any part of 31 CFR 

chapter V, except as authorized by 

paragraph (a); or 

(4) The exportation of goods from the 

United States. 

(d) U.S. persons participating in 

transactions authorized by this general 

license are required, within 10 business 

days after the expiration date of this 

general license, to file a comprehensive, 

detailed report of each transaction, 

including the names and addresses of 

parties involved, the type and scope of 

activities conducted, and the dates on 

which the activities occurred, with the 

Office of Foreign Assets Control, Office 

of Compliance and Enforcement, U.S. 

Department of the Treasury, 1500 

Pennsylvania Avenue NW, Freedman’s 

Bank Building, Washington, DC 20220, 

or via email to OFACReport@

treasury.gov. 

Andrea Gacki 

Acting Director 

Office of Foreign Assets Control 

Dated: April 6, 2018 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Ukraine Related Sanctions Regulations 

31 CFR Part 589 

General License No. 12A 

Authorizing Certain Activities 

Necessary to Maintenance or Wind 

Down of Operations or Existing 

Contracts 

(a) Except as provided in paragraph 

(c) of this general license, all 

transactions and activities otherwise 

prohibited by the Ukraine Related 

Sanctions Regulations, 31 CFR part 589, 

that are ordinarily incident and 

necessary to the maintenance or wind 

down of operations, contracts, or other 

agreements, including the importation 

of goods, services, or technology into 

the United States, involving one or more 

of the following blocked persons and 

that were in effect prior to April 6, 2018, 

are authorized through 12:01 a.m. 

eastern daylight time, June 5, 2018: 

• AgroHolding Kuban 

• Basic Element Limited 

• B-Finance Ltd. 

• EN+ Group PLC 

• JSC EuroSibEnergo 

• GAZ Group 

• Gazprom Burenie, OOO 

• Ladoga Menedzhment, OOO 

• NPV Engineering Open Joint Stock 

Company 

• Renova Group 

• Russian Machines 

• United Company RUSAL PLC 

• Any other entity in which one or 

more of the above persons own, 

directly or indirectly, a 50 percent or 

greater interest 

(b) Any payment to or for the direct 

or indirect benefit of a blocked person 

that is ordinarily incident and necessary 

to give effect to a transaction authorized 

in paragraph (a) of this general license 

must be made into a blocked, interestbearing account located in the United 

States in accordance with 31 CFR 

589.203, except as authorized by 

Ukraine Related General License 14. 

(c) This general license does not 

authorize: 

(1) The divestiture or transfer of debt, 

equity, or other holdings in, to, or for 

the benefit of the blocked persons listed 

above; 

(2) Any transactions or dealings 

otherwise prohibited by any other part 

of 31 CFR chapter V, or any transactions 

or dealings with any blocked person 

other than the blocked persons listed in 

paragraph (a) of this general license; 

(3) The unblocking of any property 

blocked pursuant to any part of 31 CFR 

chapter V, except as authorized by 

paragraph (a); or 

(4) The exportation of goods from the 

United States. 

(d) U.S. persons participating in 

transactions authorized by this general 

license are required, within 10 business 

days after the expiration date of this 

general license, to file a comprehensive, 

detailed report of each transaction, 

including the names and addresses of 

parties involved, the type and scope of 

activities conducted, and the dates on 

which the activities occurred, with the 

Office of Foreign Assets Control, Office 

of Compliance and Enforcement, U.S. 

Department of the Treasury, 1500 

Pennsylvania Avenue NW, Freedman’s 

Bank Building, Washington, DC 20220, 

or via email to OFACReport@

treasury.gov. 

(e) Effective April 23, 2018, General 

License No. 12, dated April 6, 2018, is 

replaced and superseded in its entirety 

by this General License No. 12A. 

John E. Smith 

Director 

Office of Foreign Assets Control 

Dated: April 23, 2018 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Ukraine Related Sanctions Regulations 

31 CFR Part 589 

General License No. 12B 

Authorizing Certain Activities 

Necessary to Maintenance or Wind 

Down of Operations or Existing 

Contracts 

(a) Except as provided in paragraph 

(d) of this general license, all 

transactions and activities otherwise 

prohibited by the Ukraine Related 

Sanctions Regulations, 31 CFR part 589, 

that are ordinarily incident and 

necessary to the maintenance or wind 

down of operations, contracts, or other 

agreements, including the importation 

of goods, services, or technology into 

the United States, involving one or more 

of the following blocked persons and 

that were in effect prior to April 6, 2018, 

are authorized through 12:01 a.m. 

eastern daylight time, June 5, 2018: 

• AgroHolding Kuban 

• Basic Element Limited 

• B-Finance Ltd. 

• EN+ Group PLC 

• JSC EuroSibEnergo 

• GAZ Group 

• Gazprom Burenie, OOO 

• Ladoga Menedzhment, OOO 


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Federal Register / Vol. 86, No. 135 / Monday, July 19, 2021 / Rules and Regulations 37909 

• NPV Engineering Open Joint Stock 

Company 

• Renova Group 

• Russian Machines 

• United Company RUSAL PLC 

• Any other entity in which one or 

more of the above persons own, 

directly or indirectly, a 50 percent or 

greater interest 

(b) Except as authorized by Ukraine 

Related General License 14, any 

payment to or for the direct or indirect 

benefit of a blocked person that is 

ordinarily incident and necessary to 

give effect to a transaction authorized in 

paragraph (a) of this general license 

must be made into a blocked, interestbearing account located in the United 

States in accordance with 31 CFR 

589.203. Any such payment that is 

directly or indirectly to the account of 

a blocked U.S. person identified in 

paragraph (a) at a U.S. financial 

institution may be processed in 

accordance with the original wire 

transfer instructions, provided that 

those instructions are consistent with 

this general license. 

(c) All funds in accounts of blocked 

U.S. persons identified in paragraph (a), 

including funds originating from 

authorized payments to such accounts 

received on or after April 6, 2018, may 

be used for maintenance or wind-down 

activities authorized by this general 

license. 

(d) This general license does not 

authorize: 

(1) The divestiture or transfer of debt, 

equity, or other holdings in, to, or for 

the benefit of the blocked persons 

identified above; 

(2) Any transactions or dealings 

otherwise prohibited by any other part 

of 31 CFR chapter V, or any transactions 

or dealings with any blocked person 

other than the blocked persons 

identified in paragraph (a) of this 

general license; 

(3) The unblocking of any property 

blocked pursuant to any other part of 31 

CFR chapter V; or 

(4) The exportation of goods from the 

United States. 

(e) U.S. persons participating in 

transactions authorized by this general 

license are required, within 10 business 

days after the expiration date of this 

general license, to file a comprehensive, 

detailed report of each transaction, 

including the names and addresses of 

parties involved, the type and scope of 

activities conducted, and the dates on 

which the activities occurred, with the 

Office of Foreign Assets Control, Office 

of Compliance and Enforcement, U.S. 

Department of the Treasury, 1500 

Pennsylvania Avenue NW, Freedman’s 

Bank Building, Washington, DC 20220, 

or via email to OFACReport@

treasury.gov. 

(f) Effective May 1, 2018, General 

License No. 12A, dated April 23, 2018, 

is replaced and superseded in its 

entirety by this General License No. 

12B. 

John E. Smith 

Director 

Office of Foreign Assets Control 

Dated: May 1, 2018 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Ukraine Related Sanctions Regulations 

31 CFR Part 589 

General License No. 12C 

Authorizing Certain Activities 

Necessary to Maintenance or Wind 

Down of Operations or Existing 

Contracts 

(a) Except as provided in paragraph 

(d) of this general license, all 

transactions and activities otherwise 

prohibited by the Ukraine Related 

Sanctions Regulations, 31 CFR part 589, 

that are ordinarily incident and 

necessary to the maintenance or wind 

down of operations, contracts, or other 

agreements, including the importation 

of goods, services, or technology into 

the United States, involving one or more 

of the following blocked persons and 

that were in effect prior to April 6, 2018, 

are authorized through 12:01 a.m. 

eastern daylight time, June 5, 2018: 

• AgroHolding Kuban 

• Basic Element Limited 

• B-Finance Ltd. 

• EN+ Group PLC 

• JSC EuroSibEnergo 

• GAZ Group 

• Gazprom Burenie, OOO 

• Ladoga Menedzhment, OOO 

• NPV Engineering Open Joint Stock 

Company 

• Renova Group 

• Russian Machines 

• United Company RUSAL PLC 

• Any other entity in which one or 

more of the above persons own, 

directly or indirectly, a 50 percent or 

greater interest 

(b) Except as authorized by Ukraine 

Related General License 14 or Ukraine 

Related General License 15, any 

payment to or for the direct or indirect 

benefit of a blocked person that is 

ordinarily incident and necessary to 

give effect to a transaction authorized in 

paragraph (a) of this general license 

must be made into a blocked, interestbearing account located in the United 

States in accordance with 31 CFR 

589.203. Any such payment that is 

directly or indirectly to the account of 

a blocked U.S. person identified in 

paragraph (a) at a U.S. financial 

institution may be processed in 

accordance with the original wire 

transfer instructions, provided that 

those instructions are consistent with 

this general license. 

(c) All funds in accounts of blocked 

U.S. persons identified in paragraph (a), 

including funds originating from 

authorized payments to such accounts 

received on or after April 6, 2018, may 

be used for maintenance or wind-down 

activities authorized by this general 

license. 

(d) This general license does not 

authorize: 

(1) The divestiture or transfer of debt, 

equity, or other holdings in, to, or for 

the benefit of the blocked persons 

identified above; 

(2) Any transactions or dealings 

otherwise prohibited by any other part 

of 31 CFR chapter V, or any transactions 

or dealings with any blocked person 

other than the blocked persons 

identified in paragraph (a) of this 

general license; 

(3) The unblocking of any property 

blocked pursuant to any other part of 31 

CFR chapter V; or 

(4) The exportation of goods from the 

United States. 

(e) U.S. persons participating in 

transactions authorized by this general 

license are required, within 10 business 

days after the expiration date of this 

general license, to file a comprehensive, 

detailed report of each transaction, 

including the names and addresses of 

parties involved, the type and scope of 

activities conducted, and the dates on 

which the activities occurred, with the 

Office of Foreign Assets Control, Office 

of Compliance and Enforcement, U.S. 

Department of the Treasury, 1500 

Pennsylvania Avenue NW, Freedman’s 

Bank Building, Washington, DC 20220, 

or via email to OFACReport@

treasury.gov. 

(f) Effective May 22, 2018, General 

License No. 12B, dated May 1, 2018, is 

replaced and superseded in its entirety 

by this General License No. 12C. 

Andrea Gacki 

Acting Director 

Office of Foreign Assets Control 

Dated: May 22, 2018 

Dated: July 14, 2021. 

Andrea M. Gacki, 

Director, Office of Foreign Assets Control. 

[FR Doc. 2021–15279 Filed 7–16–21; 8:45 am] 

BILLING CODE 4810–AL–P 


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